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Generic Advertising in Concentrated and Differentiated Agricultural Markets AgEcon
Han, Sungill; Chung, Chanjin; Suh, Daeseok.
This study develops an analytical framework to examine the impact of generic advertising on brand advertising with alternative assumptions on demand changes (shift-up and rotation), product differentiation, market concentration, and relationship between commodity and brand advertising programs. The newly developed model allows one to determine the relationship between generic and brand advertising, which has not been clearly shown in previous studies. Analytical results show that when generic advertising leads to an inelastic demand, generic advertising would help brand advertising and could decrease the optimal brand advertising expenditures. However, when generic advertising leads to an elastic demand, it would negatively affect the profitability of...
Tipo: Conference Paper or Presentation Palavras-chave: Generic advertising; Brand advertising; Product differentiation.; Agribusiness; Demand and Price Analysis; Industrial Organization; Marketing.
Ano: 2011 URL: http://purl.umn.edu/103739
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How to Promote Quality Perception in Wine Markets: Brand Advertising or Geographical Indication? AgEcon
Yue, Chengyan; Marette, Stephan; Beghin, John C..
In the context of the wine industry, we investigate producers' choice between geographical indications and brand advertising to convey information to consumers. Producers also decide whether or not to select an effort level for improving the quality of their products. We show that if this effort level is selected, a producer will prefer to rely on brand advertising for promoting its products and setting up its own reputation. Despite allowing the cost of promotion to be shared, a geographical indication does not sufficiently reward the effort to improve quality. Finally, the selection of both instruments by producers is examined.
Tipo: Working or Discussion Paper Palavras-chave: Brand advertising; Effort; Geographical indication; GI; Quality; Wine; Marketing.
Ano: 2006 URL: http://purl.umn.edu/18608
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Does Generic Advertising Help or Hurt Brand Advertising? AgEcon
Suh, Daeseok; Chung, Chanjin.
The purpose of this study is to investigate whether the generic advertising helps or hurts the brand advertising within the differentiated product environments. We develop an analytical model that includes both generic and brand advertising expenditures considering vertical product differentiation. Then the analysis is devoted to examine how marginal effects of expenditure affect each other under product differentiation. To help examine the relationship, we also include a new variable, the degree of product differentiation. Analytical results show that when the generic advertising increases the product differentiation, the high quality brand tends to take benefits while the low quality brand loses. When generic advertising includes messages that do not...
Tipo: Conference Paper or Presentation Palavras-chave: Check off; Generic advertising; Brand advertising; Vertical product differentiation; Marketing.
Ano: 2009 URL: http://purl.umn.edu/49557
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